L3Harris Technologies, Inc. (LHX): Price and Financial Metrics


L3Harris Technologies, Inc. (LHX)

Today's Latest Price: $194.57 USD

1.55 (-0.79%)

Updated Jun 2 6:40pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 65 in Air/Defense Services

See all "A" rated Strong Buy stocks

LHX Daily Price Range
LHX 52-Week Price Range

LHX Stock Price Chart More Charts


LHX Price/Volume Stats

Current price $194.57 52-week high $230.99
Prev. close $196.12 52-week low $142.01
Day low $192.95 Volume 1,968,100
Day high $196.62 Avg. volume 1,593,977
50-day MA $185.76 Dividend yield 1.75%
200-day MA $200.86 Market Cap 42.00B

L3Harris Technologies, Inc. (LHX) Company Bio


L3Harris Technologies operates as an international communications and information technology company worldwide. The company operates through RF Communications, Integrated Network Solutions, and Government Communications Systems segments. The company was founded in 1916 and is based in Melbourne, Florida.

LHX Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$194.57$135.48-31%

We started the process of determining a valid price forecast for L3Harris Technologies Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that L3Harris Technologies Inc ranked in the 38th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 30.67%. As for the metrics that stood out in our discounted cash flow analysis of L3Harris Technologies Inc, consider:

  • LHX's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 32.28% of tickers in our DCF set.
  • As a business, L3Harris Technologies Inc experienced a tax rate of about 7% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than only 24.4% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-32%
1%-32%
2%-31%
3%-30%
4%-30%
5%-29%

Want more companies with a valuation profile/forecast similar to that of L3Harris Technologies Inc? See CHRA, CODA, CHRW, FLS, and RSG.


LHX Latest News Stream


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Latest LHX News From Around the Web

Below are the latest news stories about L3Harris Technologies Inc that investors may wish to consider to help them evaluate LHX as an investment opportunity.

Hedge Funds Aren’t Done Selling L3Harris Technologies, Inc. (LHX)

In this article we will check out the progression of hedge fund sentiment towards L3Harris Technologies, Inc. (NYSE:LHX) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]

Yahoo | May 30, 2020

Defense Stocks Lockheed, Northrop, L3Harris Just Below Buy Points In Coronavirus Market Rally

Defense stocks Lockheed, Northrop Grumman, L3Harris, Leidos and CACI are in or near buy ranges from cup with handle bases. But are they stock market leaders?

Yahoo | May 30, 2020

14 Best Tech Stocks That Aren't on Your Radar

Tech stocks have spent the past few years really separating themselves from the market pack. As technology has become more ingrained into every aspect of life - work, play and everything in between - the companies developing and providing those technologies have delivered explosive growth.The Technology Select Sector SPDR Fund (XLK) has delivered a 139% total return (price performance plus dividends) over the past five years, well more than double the S&P; 500's 57% return. The five largest companies trading on U.S. markets are either tech stocks or, as is the case with several of the companies we'll highlight below, technology-intensive companies in other sectors. Think Amazon.com (AMZN), a consumer discretionary company, or Facebook (FB), which is technically a communications stock.Wa...

Yahoo | May 29, 2020

ICE used 'stingray' cell phone snooping tech hundreds of times since 2017

Newly released documents show U.S. immigration authorities have used a secretive cell phone snooping technology hundreds of times across the U.S. in the past three years. The documents, obtained through a public records lawsuit by the American Civil Liberties Union and seen by TechCrunch, show that U.S. Immigration and Customs Enforcement (ICE) deployed cell site simulators — known as stingrays — at least 466 times between 2017 and 2019, which led to dozens of arrests and apprehensions. Although the numbers offer a rare insight into how often ICE uses this secretive and controversial technology, the documents don't say how many Americans also had their phones inadvertently ensnared by these surveillance devices.

Yahoo | May 27, 2020

L3Harris Technologies CEO and CFO to Participate in Bernstein’s 36th Annual Strategic Decisions Conference May 28, 2020

L3Harris Technologies (NYSE:LHX) Chairman and CEO William M. Brown and Senior Vice President and Chief Financial Officer Jay Malave will participate in Bernstein’s 36th Annual Strategic Decisions Conference via audio call on Thursday, May 28, 2020.

Yahoo | May 27, 2020

Read More 'LHX' Stories Here

LHX Price Returns

1-mo 4.59%
3-mo -2.13%
6-mo 1.97%
1-year 2.92%
3-year 79.55%
5-year 172.56%
YTD -0.80%
2019 49.21%
2018 -3.38%
2017 40.80%
2016 20.70%
2015 24.04%

LHX Dividends

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